Bonus deferral could leave companies facing reputational issues

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Bonus deferral could leave companies facing reputational issues

Matthew Gilleard
August 21 2013
bonus.jpg

Data published this week by the Office for National Statistics (ONS) shows that bonus payments paid in the whole UK economy were £1.7 billion ($2.6 billion) higher in April 2013 than in April 2012. This shifting of the bonus season – to avoid employees being hit by the higher rate of income tax – is a sign that at least some companies are shunning perceived reputational concerns about bonus deferral.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsDirect TaxUnited KingdomEurope
MG
Matthew Gilleard
Contact
Matthew Gilleard worked at ITR between 2010 and 2016
more across site & shared bottom lb ros

More from across our site

Direct Tax
Luis coronado
EY recruits provided AI training but still taught ‘old way’
Tax professionals are still going to be needed, but AI will make it easier for them than starting from zero, EY’s global tax disputes leader Luis Coronado tells ITR
Sam Sholli, December 17 2025
Direct Tax
kpmg.jpg
KPMG reports 7.5% tax and legal services revenue increase
AI and assisting clients with navigating global tax reform contributed to the uptick in turnover, the firm said
Sam Sholli, December 16 2025
Direct Tax
scott bessent.jpg
US Treasury secretary eyes pillar two deal finalisation this week
In a post on X, Scott Bessent urged dissenting countries to the US/OECD side-by-side arrangement to ‘join the consensus’ to get a deal over the line
Tom Baker, December 16 2025
Direct Tax
Business deal mergers and acquisitions
Winston & Strawn and Taylor Wessing merger confirmed, new brand unveiled
A new transatlantic firm under the name of Winston Taylor is expected to go live in May 2026 with more than 1,400 lawyers and 20 offices
Noemi Distefano, December 15 2025
Direct Tax
Copy of What Corporates Want 2025.png
Italy’s opaque tax system underlies in-house discontent, advisers say
As ITR’s exclusive data uncovers in-house dissatisfaction with case management, advisers cite Italy’s arcane tax rules
Tom Baker, December 15 2025
Direct Tax
Horse racing
A taxing week: HMRC’s GfC13 puts tax advisers in an unwinnable situation
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
Tom Baker, December 12 2025
Direct Tax
Merger international
Taylor Wessing in merger talks with US firm Winston & Strawn
Taylor Wessing, whose most recent UK revenues were £283.7m, would become part of a £1.23bn firm post combination
Tom Baker, December 12 2025
Direct Tax
Pillar two is revising global tax competition with a 15% minimum tax rate
This week in tax: China adds to growing list of US pillar two carve-out dissenters
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap
Sam Sholli, December 12 2025
Direct Tax
EY
Exclusive: 92% of executives expect more disputes from pillar two
An EY survey of almost 2,000 tax leaders also found that only 49% of respondents feel ‘highly prepared’ to manage an anticipated surge of disputes
Sam Sholli, December 11 2025
Direct Tax
BDO
Tax leads the way for BDO as global revenues rise
The international tax, audit and assurance firm recorded a 4% year-on-year increase in overall turnover to hit $11bn
Tom Baker, December 10 2025
Gift this article